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What is The Institute of Financial Planning
The Institute of Financial Planning is the UK professional body
of those committed to the development of the multi-discipline profession
of Financial Planning.
We constantly work with members of the public, Financial Planners
and Members of the Institute to achieve recognition for the Financial
Planning profession.
How can we help you?
The
Institute of Financial Planning can help you understand more
about how comprehensive Financial Planning differs from the more
product orientated broking service.
We can also help members of the public search
for a qualified Financial Planner to assist them in organising
their personal or corporate financial affairs to more readily achieve
their goals.
We provide both Institute Members and non-Members with an extensive
programme of training
courses, seminars and events
to assist you in understanding more about the benefits of comprehensive
Financial Planning and ultimately gaining
Certified Financial Planner licensee status.
What is the CFP Licence?
The CFP Licence is an internationally recognised qualification,
which assesses the financial planner’s ability to apply their
technical knowledge and put it into practice when dealing with clients.
It teaches and tests an individual’s ability to deliver a
comprehensive financial planning service. This encompasses building
a long-term relationship with a client and gaining their trust in
providing an objective high quality and well-communicated plan.
The CFP Licence helps planners to offer this comprehensive, integrated
service, which is centred on helping their clients achieve their
goals and objectives and is fully discernible to financial advisers
who simply “sell products”.
The CFP is no ordinary qualification. “Licence” being
the important word – it must be reapplied for each year and
renewal is conditional upon the ethical and educational requirements
having been met. Licence holders must sign up to the Code of Ethics,
declare any complaints and maintain a regime of CPD of 30 hours
a year. The combination of the 4 Es (Examination, Experience, Ethics
and ongoing Education) is what demonstrates a professional, not
exams alone.
There are currently just under 500 CFP Professionals in the UK and
around 95,000 worldwide.
Benefits of the CFP Licence
- International accreditation – the qualification is recognised
internationally as the highest standard of excellence for the
provision of comprehensive financial planning services.
- Promotion to the public as the best financial planners in the
industry – this is done through press releases and providing
a registry of CFP Licensees to members of the public (we receive
about 3 requests a day on average to send out these registries)
- Association with the top 2% of the financial market place.
- Differentiation in the marketplace – the opportunity to
stand out as a firm that is committed to educating their advisers
to the highest possible standard and is dedicated to providing
a service to clients that is unrivalled.
- Increase in productivity – two leading national firms
who have committed to the CFP Licence have stated that financial
planning revenue has increased by 20% and 25% respectively in
the last 12 months as a result of their advisers being more organised
and having the confidence to start using the skills that have
been tested during the CFP process.
Company details
The Institute of Financial Planning
Whitefriars
Lewins Mead
Bristol
BS1 2NT
Tel: 0117 945 2470
Fax: 0117 929 2214
Email: enquiries@financialplanning.org.uk
www.financialplanning.org.uk |
